Get the Keys to Your New Home
Borrow up to 95% for mortgages to purchase your new home
We love to help our members buy a new home, even if you’re short on cash.
Get pre-approved when purchasing your new home or refinancing
A pre-approved buyer knows their price range while being attractive to sellers.
Using the Equity in Your Home
Closed-End Home Equity
Use the equity in your home to take a vacation, pay for college, upgrades to your home or for whatever purpose you that you choose. Your equity, your choice!
Open-End Home Equity Line of Credit (HELOC)
Our 10 Year Home Equity Line of Credit (HELOC) is a flexible, revolving line of credit that allows you to borrow against your home’s equity as you need it, similar to a credit card. You only pay interest on the money you actually use.
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Sat: 8 a.m. - Noon CT
Mortgages
(Purchase/Refinance)
We offer personalized quotes to help you purchase or refinance your primary residence or second/vacation home in Illinois, Indiana, or Tennessee.
- 1st Mortgages (1st lien)
- Borrow up to 95% of the appraised value of your home (first-time homebuyer or limited cash-out refinance)
- Interest may be tax deductible (consult your tax advisor)
- Available for members purchasing/refinancing their primary residence or second/vacation home in Illinois, Indiana or Tennessee
Call Staley Credit Union at 1-800-223-8356 for current rates!
| Term | |
|---|---|
| 10 year balloon/25 year amortization | Purchase Only |
| 15 year | Refinance or Purchase |
| 20 year | Refinance or Purchase |
| 30 year | Refinance or Purchase |
Closed End Home Equity
(Accelerated Refinance, Home Improvement, or Debt Consolidation)
Get the power and the freedom to accelerate the payoff of a higher interest rate mortgage (accelerated refinance), home improvement, debt consolidation, dream vacations, college tuition, and/or unexpected expenses by utilizing the money you've already paid on your home (equity).
- 1st Mortgages (1st lien) or 2nd Mortgages (2nd lien)
- Borrow up to 95% of the appraised value of your home
- Interest may be tax deductible (consult your tax advisor)
- Available to our members who own a single-family home in Illinois, Indiana, or Tennessee
- Debt Cancellation Protection - Cancel the debt or defer payment upon death, disability, involuntary unemployment, or other defined life events
- Easy payment options including payroll deduction and electronic debit transfers from your account
| Term | |
|---|---|
| Up to 10 Years | 1st lien OR 2nd lien |
| 15 Years | 1st lien OR 2nd lien |
| 10 year balloon/25 year amortization | 1st lien only |
NMLS ID: 688559
Open End Home Equity (HELOC)
(Home Improvement or Debt Consolidation)
Unlock the financial potential of your home’s equity with a Home Equity Line of Credit (HELOC), a flexible, revolving line of credit that uses your property as collateral. You can draw funds as needed during a designated period (10 years) and only pay interest on the amount you borrow, making it a cost-effective solution for large or ongoing expenses like home renovations, education costs, or debt consolidation.
- 1st Mortgages (1st lien) or 2nd Mortgages (2nd lien)
- Borrow up to 90% of the value of your home (maximum HELOC credit line available is $100,000)
- No closing costs (unless appraisal required)
- Interest may be tax deductible (consult your tax advisor)
- Must be your primary residence
- Available to our members who own a single-family home in Illinois, Indiana, or Tennessee
- Debt Cancellation Protection - Cancel the debt or defer payment upon death, disability, involuntary unemployment, or other defined life events
- Easy payment options including payroll deduction and electronic debit transfers from your account
| Term | |
|---|---|
| 10 Years | 1st lien OR 2nd lien |
NMLS ID: 688559